The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (216)	4/2/2017 10:20:48 AM
From: philv	Read Replies (1) of 13789

During the Obama years, the US national debt has almost doubled. About 9 trillion dollars was added to the debt. google.ca Anyone would look like a genius, dolling out money, and spending on this and that. The country would seem to be prosperous, even while the cost of borrowing declines due to rock bottom interest rates. Following the US example, every other country in the entire world has increased their debt. The world runs on debt. Will this debt fuel run out during Trump's administration? Can Trump afford not to continue deficit financing? Things are not much better in Europe, and China too has seen a huge debt accumulation, both private and public. China Accounts For Half Of All Global Debt Created Since 2005: Here Are The Implications zerohedge.com Obama won't face the consequences of the US debt explosion - maybe Trump will, or someone else in the future. Until then, it's full steam ahead. US debt ceiling is coming up again soon. If Trump survives, I wonder what an up-dated chart would look like.

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